Micro Economies Of Scale Flashcards

1
Q

What are the types of economies of scale?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the LRAC curve?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the 3 diseconomies of scale?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is a Piguvian Tax?

A

A tax on something to correct an externality

How well did you know this?
1
Not at all
2
3
4
5
Perfectly